$ZEN
/USDT Technical Analysis & Trade Signal
Current Price: $28.96
Trend: Bullish (up 13.04% in the last 24 hours)
Key Levels:
Support: $25.15 (24h Low)
Resistance: $32.05 (24h High)
SAR (Parabolic SAR): $31.70 (shows bullish momentum in the short term)
Trade Signal:
Momentum: Strong bullish momentum with a 13.04% rise in 24 hours and support at $25.15. The price is currently trending upward and could continue the bullish trend.
Buy Entry: At market price of $28.96, or on a slight pullback towards $27.50 for a better entry.
Target Levels 🎯:
1. Target 1: $32.05 (24h High, immediate resistance)
2. Target 2: $33.50 (next resistance zone)
3. Target 3: $35.00 (longer-term bullish target)
Stop Loss: Below $25.00 to manage risk.
This setup suggests that ZEN may continue to rise, with strong momentum favoring the bulls. Consider taking profits near resistance levels, particularly around $32.05, and monitor for any reversal signals.